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For the 24 hours to 23:00 GMT, the EUR rose 0.02% against the USD and closed at 1.1069. According to the Bundesbank monthly report, Germany’s economy will rebound in the third quarter of this...
DXY INTRADAY CHART 19th July: The (navy) Wave [iii] still has a target to the 176.4%-198.4% projection between 98.37-61 (I suspect towards the lower) for a minor correction (14.6%) and then the Wave v...
AUD/NZD forex forex signals silver gold We look at some of our favorite set ups at the moment.
GBP/NZD: Short term Elliottwave structure suggests cycle from 7/9 low is unfolding as a double three where wave W ended at 1.884 and wave X ended at 1.839. Rally from 1.839 is in progress as a double...
The kiwi plunged by more than 1.2% against the US dollar in the early Asian trading session after the Reserve Bank of New Zealand proposed to tighten mortgage lending rules in a step to curb the...
The RBNZ releases property cooling measures setting up rate cuts and a lower NZD.This morning, the Reserve Bank of New Zealand (RBNZ) has released a consultative paper, stating that it intends to...
Dull... dull... dull… I had hoped for better yesterday. I hope for a better day today although there does appear, perhaps, to be a need for the current neutrality to continue into the middle of...
Key Highlights · The British pound after trading as high as 1.3480 recently found sellers and traded lower against the US dollar. · A bullish trend line formed on the hourly chart of...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Many currency pairs traded higher on Monday thanks to the overall strength in U.S. stocks. The Dow Jones Industrial Average and...
The Chinese yuan fell again in Monday Asian trading, breaking below 6.70 for the first time. Not surprisingly, the tone to broad early trading in Europe and the US was slightly negative on what would...
In this week's market analysis, we will look at potential trading opportunities and zones where we should look for Price Action, evidence and potential moves. Pairs and markets analyzed this week:...
Quiet session overall, but CAD weakness seen on further oil price dip. JPY sales losing momentum on risk sentiment. GBP spike on Weale comments easily containedAn extremely cautious session in FX,...
Stock markets ventured higher last week due to the combination of easing Brexit anxieties, optimism over central banks intervening to quell the market turmoil, and stabilising China data which...
Nikkei falls behind S&P 500Japanese Nikkei showed record growth in 6-1/2 years last week amid the record weakening of yen in recent 17 years. This improves financial performance of Japanese...
The EUR/USD Forex chart continues to have trading range price action. While the EUR/USD traded down strongly on Friday, it failed to break below the bottom of its month-long trading range. For the...